Improving operational efficiency and
profitability for global utilities supplier
 

Type

Co-generation plants

Module

Real-time

Product

The Customer

Our client is a leading energy, marine and urban development group, operating across multiple markets worldwide. Polymathian engaged with a co-generation site which supplies power, steam and other utilities to industrial customers, as well as interface to the domestic power grid as required.

The Problem

As a utility provider, the client must meet the power and steam demands of its onsite customers in the most cost-effective way. At the same time, the connection to the domestic power market permits merchant trading to increase revenue. Maximising value in real time requires the coordinated, optimal dispatch of a mix of steam, power and co-generation assets.

The Challenges
  • Complex steam and power networks with multiple generation and fuel sources
  • Standard operating procedures dictated response to changes in customer demand
  • Detailed revenue and cost calculations per asset
  • Technical issues integrating relevant data in a readily accessible form
  • Renewable energy scheme financial considerations
  • Retrospective reporting and customisation limitations
  • Strict safety protocols requiring human management
The Solution

Polymathian deployed VOLT, an autonomous, real-time, continuous optimisation platform designed for the energy and utilities sector, resulting in:

  • The ability to configure assets to maximise capacity and cost-efficiency
  • Increased capability to react to site changes in real-time
  • Real-time visibility over surplus capacity and production costs to improve merchant trading capability
  • Standardisation of best practice operational procedures across all operators
  • ‘What-if’ modelling capability for use in offline scenario analysis
The Value
 

Find out how we can help your business achieve amazing results with innovative industrial mathematic solutions.


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